Cost Estimation in Plant Construction

At the early project stages of plant construction, cost estimates for projects in the process industry are a prerequisite for gaining a competitive advantage in a global market with increasing commodity prices, engineering and installation costs. This book gives readers a detailed overview of the structure of cost estimates in brownfield and greenfield plant projects and the method of preparing the required accompanying documentation. Using a project example, the book presents a cost estimate with different levels of accuracy. The attachment comprises cost estimation templates and corresponding documents that can also be ordered separately from the publisher as Word and Excel files. . Basics of cost estimation . Cost estimation types, classes and methods . Planning (engineering) . Equipment and material procurement . Installation and construction . Exemplary templates